31% Rise In Fares: El Al Fined $39 Million For Excessive Prices

Authorities inIsrael are planning to levy a 121 million shekel ($39 million) fine against El Al, the nation’s flag carrier, amid accusations of price gouging since the start of the ongoing Gaza War. Antitrust regulators in the country have alleged that, during the conflict, the national airline of Israel has leveraged its position as the monopoly holder on many routes where other carriers have withdrawn service to overprice many of its fares.